Under Armour Class C
341 hedge funds and large institutions have $1.14B invested in Under Armour Class C in 2024 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 82 increasing their positions, 89 reducing their positions, and 41 closing their positions.
36% more call options, than puts
Call options by funds: $9.23M | Put options by funds: $6.77M
24% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 41
2% more funds holding
Funds holding: 334 → 341 (+7)
0.77% more ownership
Funds ownership: 74.51% → 75.28% (+0.77%)
8% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 89
15% less capital invested
Capital invested by funds: $1.34B → $1.14B (-$197M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
BDT Capital Partners
Chicago,
Illinois
|
+$76.6M |
| 2 |
Neuberger Berman Group
New York
|
+$10.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.1M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$8.33M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$63.6M |
| 2 |
DCM
Dorsal Capital Management
Redwood City,
California
|
-$20.9M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
-$14.8M |
| 4 |
Morgan Stanley
New York
|
-$13.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$7.17M |
UA Hedge Fund Activity: Q1 2024 in Review
341 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Under Armour Class C (UA) for Q1 2024, worth a combined $1.14B — down 15% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new UA positions and 41 closed out — a net gain of 10 holders — while 82 added to existing stakes and 89 trimmed.
The largest buyer was BDT Capital Partners, adding an estimated $76.6M. The largest seller was ArrowMark Colorado Holdings, exiting entirely with an estimated $63.6M sold.
- 341 institutional investors held Under Armour Class C (UA) as of Q1 2024, up from 334 in Q4 2023.
- Funds reported $1.14B of Under Armour Class C stock for Q1 2024, down 15% quarter-over-quarter.
- 51 funds opened new Under Armour Class C positions in Q1 2024 and 41 closed out, a net change of +10 holders.
- The largest Under Armour Class C buyer in Q1 2024 was BDT Capital Partners, an estimated $76.6M added.
- The largest Under Armour Class C seller in Q1 2024 was ArrowMark Colorado Holdings, an estimated $63.6M sold.
Based on aggregated 13F filings for Q1 2024.